Global Blood Group Typing Market Size (2024 - 2029)

The blood group typing market is anticipated to experience significant growth, driven by increased demand during the COVID-19 pandemic and ongoing needs in various medical scenarios. The rise in blood transfusions due to emergencies, road accidents, and prenatal testing, along with stringent regulations for blood transfusions, are key factors contributing to the expansion of the market. Initiatives to boost blood donations and the application of blood group typing in forensic sciences further support the market's growth trajectory.

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Market Size of Global Blood Group Typing Industry

Blood Group Typing Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 9.50 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Blood Group Typing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Blood Group Typing Market Analysis

The blood group typing market is expected to register a CAGR of 9.5% over the forecast period.

During the COVID-19 public health emergency, the demand for blood group typing has increased subsequently. Many individuals with weak immune systems have been infected by COVID-19 and hospitalized and may require a blood transfusion due to COVID-19. As a result, the demand for blood group typing has risen during COVID-19, following the pandemic. Many governments have also taken the initiative to help increase blood donation. For instance, in June 2020, the Maharashtra state government in India used social media initiatives to increase the number of blood donations. The move was taken following the shortage of blood in the region. Such programs have positively impacted the global blood group typing market growth in many regions during the pandemic.

An increasing number of road accidents, emergencies, and trauma cases requiring blood transfusions, and the need for grouping of the blood in pregnancy is driving the growth of the market. Growing demand for blood group typing in prenatal testing, rising usage of blood group typing in forensic sciences, and strict governing standards for blood transfusion is also boosting the global blood group typing market growth. Blood group typing is done to safely donate blood or receive a blood transfusion. It is also done to see if a person has a substance called Rh factor on the surface of red blood cells. There is a huge demand for blood typing products in the market owing to the rising road accidents and blood transfusions. For instance, In October 2021, according to Germany's Federal Statistics Office (Destatis) in 2020, 5,131 people were killed in road traffic accidents in Germany. In the case of road accidents, there is a huge loss of blood and hence those patients require an immediate blood transfusion. Thus, the above-mentioned factors are expected to boost the growth of the market over the forecast period.

Blood Group Typing Industry Segmentation

As per the scope of this report, blood group typing is a classification of blood, based on the presence and absence of antibodies and inherited antigenic substances on the surface of red blood cells. The blood group typing market is segmented by Product (Instruments, Consumables, and Services ), Technique (PCR-based and Microarray, Assay-based, Massively Parallel Sequencing, and Other), Test type (Antibody Screening, HLA Typing, Cross-matching Tests, ABO blood Tests and Other) End-user (Hospitals, Blood Banks and Others), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

By Product
Instruments
Consumables
Services
By Technique
PCR-based and Microarray
Assay-based
Massively Parallel Sequencing
Other
By Test Type
Antibody Screening
HLA Typing
Cross-matching Tests
ABO blood Tests
Other
By End User
Hospitals
Blood Banks
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America
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Global Blood Group Typing Market Size Summary

The blood group typing market is poised for significant growth, driven by various factors including the increasing incidence of road accidents, emergencies, and the rising prevalence of chronic diseases. The demand for blood group typing has surged, particularly during the COVID-19 pandemic, as the need for blood transfusions rose among individuals with weakened immune systems. Government initiatives to boost blood donations further supported market expansion during this period. The market is also benefiting from the growing use of blood group typing in prenatal testing and forensic sciences, as well as stringent regulations governing blood transfusions. These factors collectively contribute to the heightened demand for blood typing products, which are essential for safe blood donation and transfusion processes.

The market landscape is characterized by a fragmented structure with numerous players, including prominent companies such as Mesa Laboratories, Inc., Danaher Corporation, and Bio-Rad Laboratories, Inc. These companies are actively expanding their product offerings and enhancing their market presence through strategic acquisitions and collaborations. For instance, Grifols' acquisition of Biotest AG and its collaboration with Endpoint Health, Inc. are aimed at broadening their blood group typing portfolio. The increasing awareness about blood donation and the critical role of blood banks in storing and screening donated blood further underscore the market's growth potential. As the demand for blood transfusions continues to rise, particularly in regions with high traffic fatalities and chronic disease prevalence, the blood group typing market is expected to experience robust expansion over the forecast period.

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Global Blood Group Typing Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Demand for Blood Group Typing in Prenatal Testing

      2. 1.2.2 Growing Number of Road Accidents, Emergencies, and Trauma Cases Necessitating Blood Transfusions

      3. 1.2.3 Rising Number of Blood Donations

    3. 1.3 Market Restraints

      1. 1.3.1 Poor Blood Service Infrastructure

      2. 1.3.2 Lack of Awareness and Skilled Professionals

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Product

      1. 2.1.1 Instruments

      2. 2.1.2 Consumables

      3. 2.1.3 Services

    2. 2.2 By Technique

      1. 2.2.1 PCR-based and Microarray

      2. 2.2.2 Assay-based

      3. 2.2.3 Massively Parallel Sequencing

      4. 2.2.4 Other

    3. 2.3 By Test Type

      1. 2.3.1 Antibody Screening

      2. 2.3.2 HLA Typing

      3. 2.3.3 Cross-matching Tests

      4. 2.3.4 ABO blood Tests

      5. 2.3.5 Other

    4. 2.4 By End User

      1. 2.4.1 Hospitals

      2. 2.4.2 Blood Banks

      3. 2.4.3 Others

    5. 2.5 Geography

      1. 2.5.1 North America

        1. 2.5.1.1 United States

        2. 2.5.1.2 Canada

        3. 2.5.1.3 Mexico

      2. 2.5.2 Europe

        1. 2.5.2.1 Germany

        2. 2.5.2.2 United Kingdom

        3. 2.5.2.3 France

        4. 2.5.2.4 Italy

        5. 2.5.2.5 Spain

        6. 2.5.2.6 Rest of Europe

      3. 2.5.3 Asia-Pacific

        1. 2.5.3.1 China

        2. 2.5.3.2 Japan

        3. 2.5.3.3 India

        4. 2.5.3.4 Australia

        5. 2.5.3.5 South Korea

        6. 2.5.3.6 Rest of Asia-Pacific

      4. 2.5.4 Middle-East and Africa

        1. 2.5.4.1 GCC

        2. 2.5.4.2 South Africa

        3. 2.5.4.3 Rest of Middle-East and Africa

      5. 2.5.5 South America

        1. 2.5.5.1 Brazil

        2. 2.5.5.2 Argentina

        3. 2.5.5.3 Rest of South America

Global Blood Group Typing Market Size FAQs

The Global Blood Group Typing Market is projected to register a CAGR of 9.5% during the forecast period (2024-2029)

Bio-Rad Laboratories, Inc., Grifols, S.A., Danaher Corporation (Beckman Coulter), Mesa Laboratories, Inc. (Agena Bioscience, Inc.) and AXO Science are the major companies operating in the Global Blood Group Typing Market.

Blood Grouping Typing Market Report Snapshots

Blood Group Typing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)